$585,000

Est. $3,745/mo

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Homefello Value
Our estimate based on local data and recent sales

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About This Property

ENJOY DOWNTOWN URBAN LOFT LIVING as the large main floor business rental and 5-Star AirBnB produce income. This distinctive downtown Marshall Classic historic corner building featuring 3+ instant turnkey income opportunities was built as a bank in 1865 with the showroom meticulously restored with 15-foot ceilings, period crown molding and woodwork, a marble fireplace, three 8-foot and two 7-foot tall display windows and a lockable walk-in vault. The 2nd floor is split between an active, transferable 5-Star 'SuperHost' AirBnB with a private balcony and an artful urban one-bedroom apartment, featuring a private owner's passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800's, the 3rd floor could be available for expansion. Enjoy the 500 square foot rooftop patio/garden for afterglow parties and the 2+ private parking spaces on the property. There is ample guest/customer parking on the street or

Listed by: Carole Shapiro (269) 209-4076 Berkshire Hathaway HomeServices Michigan Real Estate

Source: MiRealSource MLS#: 70539092

Key Features

Cozy fireplace

Convenient access to parks & trails, entertainment

Inside the Home
  • 2 bedrooms

  • 2 full bathrooms

  • 1 half bathroom

  • Includes dishwasher, dryer, microwave, refrigerator, washer, range, oven, electric water heater

  • 3,701 sq ft of living space

Comfort & Climate
  • Baseboard, Hot Water, Steam, Electric, Natural Gas

  • 1 fireplace

Property Overview
  • Lot size: 0.0700 acres

  • Built in 1865

  • Single Family

  • Annual taxes: $4,985

Utilities
  • Water: Public

Construction
  • Stone, Block

Community
  • Calhoun County

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Homefello Value
Our estimate based on local data and recent sales
Location
227 E Michigan Avenue, Marshall, MI 49068
Schools, Safety & Local Reviews
RatingSchoolDistance
Data provided by GreatSchools.org © 2026GreatSchools
Neighborhood Safety

Property Crime

B
Avg (B)
Marshall
10.5 per 1,000 residents

Violent Crime

B-
Avg (C)
Marshall
2.7 per 1,000 residents
Crime grades compare this zip code vs nearby areas. Data provided by Zyla Labs.
Neighborhood
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From: 227 E Michigan Avenue, Marshall 49068

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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.